One of those perfect Pullback trading days.....
But it was only me who pulled back
I know...Swingtraders day.....not for me.

RplusT wrote: Thu Apr 22, 2021 9:35 pm One of those perfect Pullback trading days.....
But it was only me who pulled back
I know...Swingtraders day.....not for me.

More scalping day on Dow (up to now).
On M15 it started again and again from EMA36 (EMA9 on H1) while momentum slowly faded - so there were - if you were really bound to trade Dow - minute opportunities.
EURGBP - of course - would have been much easier (but then you seem to need your challenges).

[quote=RplusT post_id=1295433679 time=1619091325 user_id=4866937]
One of those perfect Pullback trading days.....
But it was only me who pulled back
I know...Swingtraders day.....not for me.


yup nothing we can do about that...perhaps NY open will give a proper move...

seems price is stuck between the two levels

Meyney wrote: Thu Apr 22, 2021 9:52 pm seems price is stuck between the two levels

sort of W-formation, I'd say.
On D1 it can't get beyond 34157; was rejected once but retested quickly, at the moment it still looks decidedly upward bound (despite the fact that there were 3 lower highs on H1). At least this is my opinion.
update: US open and down it went - free fallin' like.

josi wrote: Thu Apr 22, 2021 9:56 pm sort of W-formation, I'd say.
On D1 it can't get beyond 34157; was rejected once but retested quickly, at the moment it still looks decidedly upward bound (despite the fact that there were 3 lower highs on H1). At least this is my opinion.

yes just let's see and act accordingly with the setups

took this short with 150 as magnet

should i be getting out once the demand starts to form?

claytonbj88 wrote: Thu Apr 22, 2021 11:08 pm should i be getting out once the demand starts to form?

a good question.......... oftentimes wonder this too & cause me 2 close few good pullback trades too early when they appear

claytonbj88 wrote: Thu Apr 22, 2021 11:08 pm should i be getting out once the demand starts to form?

You can take some, but no idea what your sl was when you entered; R:R? You have to consider this; Target and SL. Watch how prive will develop